The Federal Housing Administration and state governments have special programs that keep
closing costs low and require buyers to pay small down payments
so that the
average American can buy a home who may not have qualified otherwise.
A new study, «Shedding Light on «Invisible»
Costs: Trading Costs and Mutual Fund Performance» in Financial Analysts Journal, from the University of California (Davis), suggests trading costs the average U.S. mutual fund close to 1.5 per cent; a so - called invisible fee you will not see repo
Costs: Trading
Costs and Mutual Fund Performance» in Financial Analysts Journal, from the University of California (Davis), suggests trading costs the average U.S. mutual fund close to 1.5 per cent; a so - called invisible fee you will not see repo
Costs and Mutual Fund Performance» in Financial Analysts Journal, from the University of California (Davis), suggests trading
costs the average U.S. mutual fund close to 1.5 per cent; a so - called invisible fee you will not see repo
costs the
average U.S. mutual fund
close to 1.5 per cent; a
so - called invisible fee you will not see reported.
The rate is low, something like libor +1 %, however the loan is collateralized by moving market positions to cash and therefore you are missing out on the
average 7 % market returns.,
so the overall rate is
closer to 8 - 9 %,
so its a tradeoff of opportunity
cost versus convenience.